What Is The General Situation Of Cotton In The World'S Major Cotton Producing Countries?

In September, the 2016/17 balance sheet change: cotton production in India dropped 109 thousand tons to 5 million 770 thousand tons, cotton production increased by 58 thousand tons to 3 million 515 thousand tons, Australian cotton production increased 152 thousand tons to 762 thousand tons, and global cotton production increased 193 thousand tons to 22 million 310 thousand tons.

Turkey's cotton production has been increased by 33 thousand tons to 1 million 470 thousand tons, and the global cotton consumption has been reduced by 7 thousand tons to 24 million 218 thousand tons.

Turkey's imports fell by 21 thousand tons to 806 thousand tons.

The export volume of cotton in India has been cut by 6.5 to 84.9, and the export volume of cotton in Australia has increased by 6.5 to 675 thousand tons.

China's cotton stocks are down 21 thousand tons to 11 million 17 thousand tons, India's cotton stocks are down 2.7 to 2 million 294 thousand tons, and US cotton stocks are up 4.4 to 1 million 67 thousand tons, and global stocks are up 43 thousand tons to 19 million 554 thousand tons.

The report mainly lowered cotton production in India and raised cotton production.

Little change has been made, slightly raising global cotton stocks.

In principle, India's domestic cotton production is able to meet its cotton consumption. However, in 2015, due to the reduction of cotton production in Pakistan, Pakistan imported cotton from India in India when it was first launched, and the price of India cotton was relatively cheap when it first came into the market.

However, with the consumption of cotton in India, the supply of cotton in India was tight and resources began to scarce in June. India began importing large quantities of Australian cotton and West African cotton.

Especially in 7, 8 and 9 months, the import volume is large in three months.

The cotton prices in India began to grow as a result of the shortage of cotton resources in the country and the reduction of cotton planting area in India.

Although according to the previous report,

Cotton planting area decreased by 7% - 9%, but later it can be seen that the planting area is gradually increasing. And from the current weather, the weather conditions in the main producing areas of India are very conducive to the growth of cotton. If the weather is well maintained before harvest, the output of cotton in India is expected to increase compared with last year, and the total output is basically the same as that of last year.

Recently, due to the fact that India's new flower has not yet been listed in large quantities, the market is short of cotton and the price is rising again.

At present, India S-6 Chen cotton ginning factory takes 48250 rupees / candi for 91.75 yuan / pound.

Judging from the current weather conditions in the United States, rainfall and temperature are favorable for cotton growth this year, with high rate of new flower bolls and good overall seedling condition.

As of September 18th, the United States cotton new flower 48%, the United States 15 cotton area average picking rate of 6%.

The excellent and good growth rate of American cotton is 48%.

Judging from the current planting situation, if the latter weather does not appear extreme weather, then the output of US cotton will increase significantly.

Beginning of the new cotton year in August, from

This year's output pressure is huge, but from the signing of the US cotton company, the sales situation of the US cotton is still good this year.

As of the week of September 15th, the United States signed a total of 1 million 112 thousand and 900 tons of Upland Cotton in 2016/17, an increase of 64.68% over the previous year, 269 thousand and 700 tons of shipment, 46% of the US land cotton contract, 45% of 5 years, 11% of the shipment and 8% of 5 years.

The largest signatory of US cotton is still Vietnam, followed by Turkey, and China's purchasing volume has dropped considerably compared with previous years.

This year, the output of cotton in the United States increased significantly, which was about 600000 tons higher than that of last year, but the sales market changed little. So, unless the price advantage of the United States cotton is greater than that of Australia cotton, it will be difficult for us cotton to complete the sales task later.